• Trade Exposure Of A Clearing Member To A Client

    • PRU A4.9.6

      Where an Authorised Person acts as a clearing member, and in that capacity, acts as an intermediary between a client and a CCP, it must calculate Credit RWA in respect of its Trade Exposure to the client in accordance with Rule A4.6.14, together with App5 and relevant provisions of Section 4.13 in respect of any Collateral posted by the client, if applicable.